Seaspan becomes first international shipowner to access China's Panda bond market
Seaspan Corporation has successfully issued a RMB 1.5 billion Panda bond in China's domestic bond market. The company is the first international shipowner and operator to access this market.
Seaspan Corporation Pte. Ltd. has successfully issued a Panda bond worth RMB 1.5 billion (approximately USD 206 million) in China's domestic bond market, the company announced on August 7, 2026. This issuance marks Seaspan as the first international shipowner and operator to gain access to the Chinese domestic bond market.
Panda bonds are issued in China's onshore interbank bond market by non-Chinese issuers. Seaspan's move into this market reflects a growing trend of international companies seeking financing within China's capital markets.
The company stated the issuance aims to enhance its financial flexibility and support its growth strategies. Seaspan is a significant independent owner and operator of maritime assets, playing a crucial role in global trade logistics.
This development signals an increasing openness of China's financial markets to foreign entities and provides a new avenue for international corporations to secure funding domestically within China.